Tag: Tax Compliance
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VAIDS: FIRS, JTB share data of high income earners to drive tax compliance
The Federal Inland Revenue Service (FIRS) and Joint Tax Board (JTB) have started sharing data of high net worth individuals to profile income earners and taxpayers and get them to pay appropriate taxes. TheNewsGuru.com reports that twelve states have signed the Memorandum of Understanding (MoU) under the Voluntary Assets and Income Declaration Scheme (VAIDS). The…